Amazon CEO Jeff Bezos (AMZN, Financial) decided to deny the claims made by Tesla (TSLA, Financial) and X (previously Twitter) owner Elon Musk regarding pre-election stock suggestions. On X, Musk said Bezos had influenced investors to dump Tesla and SpaceX stocks Because they assumed Donald Trump would not win the elections. In response, Bezos raised a direct negation, remarking, “Nope. 100% not true.” Musk also backpedaled on the comment, responding with a laughing emoji followed by, “Well, then, I stand corrected.”
This conflict is unworthy under increased political activism from Musk, who supported Trump this year and attended campaign events. Musk and entrepreneur Vivek Ramaswamy have been nominated to head the incoming administration’s “Office of Economic, Harmonization, and Substance Abuse Policy,” the Department of Federal Bureaucracy Reduction and Agency Efficiency. According to Trump on Truth Social account, the pair called to propose cutting down on regulations and pointless expenditures.
The intense competition between Bezos and Musk, with the two operating in everything from space travel to electoral politics, is a focus of media interest. In the public domain, Musk supports Trump in particular and, in many aspects, notably proposing major economic change. Bezos, on the other hand, has refrained from any endorsements lately.
The collision reveals the eternal rivalry between two prominent technological personalities who are transforming industries and governing in different ways. The most recent exchange remains a perfect example of how private animosities and resentments are interwoven with general themes that the two continue to present to the public, thus keeping them both relevant.